12,307 Shares in ExxonMobil (XOM) Purchased by Bredin Investment LLC

Bredin Investment LLC bought a new position in shares of ExxonMobil (NYSE:XOM) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 12,307 shares of the oil and gas company’s stock, valued at approximately $1,046,000. ExxonMobil makes up approximately 0.8% of Bredin Investment LLC’s investment portfolio, making the stock its 25th biggest position.

Several other institutional investors have also recently made changes to their positions in XOM. Narwhal Capital Management grew its holdings in ExxonMobil by 5.8% during the 4th quarter. Narwhal Capital Management now owns 78,386 shares of the oil and gas company’s stock worth $6,556,000 after acquiring an additional 4,330 shares during the last quarter. Beech Hill Advisors Inc. grew its holdings in ExxonMobil by 2.1% during the 4th quarter. Beech Hill Advisors Inc. now owns 51,983 shares of the oil and gas company’s stock worth $4,348,000 after acquiring an additional 1,048 shares during the last quarter. Argus Investors Counsel Inc. grew its holdings in ExxonMobil by 2.0% during the 4th quarter. Argus Investors Counsel Inc. now owns 49,053 shares of the oil and gas company’s stock worth $4,103,000 after acquiring an additional 982 shares during the last quarter. Bowling Portfolio Management LLC grew its holdings in ExxonMobil by 28.1% during the 4th quarter. Bowling Portfolio Management LLC now owns 70,462 shares of the oil and gas company’s stock worth $5,893,000 after acquiring an additional 15,445 shares during the last quarter. Finally, Forte Capital LLC ADV grew its holdings in ExxonMobil by 3.9% during the 4th quarter. Forte Capital LLC ADV now owns 23,417 shares of the oil and gas company’s stock worth $1,958,000 after acquiring an additional 881 shares during the last quarter. Institutional investors and hedge funds own 53.12% of the company’s stock.

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ExxonMobil stock opened at $74.87 on Monday. ExxonMobil has a fifty-two week low of $72.15 and a fifty-two week high of $89.30. The company has a market cap of $317,258.78, a P/E ratio of 20.86, a PEG ratio of 1.12 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.52 and a current ratio of 0.82.

ExxonMobil (NYSE:XOM) last released its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $1.06 by ($0.18). ExxonMobil had a return on equity of 8.00% and a net margin of 7.61%. The firm had revenue of $66.52 billion for the quarter, compared to the consensus estimate of $74.41 billion. During the same period in the previous year, the business earned $0.41 EPS. The firm’s revenue was up 9.0% compared to the same quarter last year. analysts expect that ExxonMobil will post 4.8 EPS for the current fiscal year.

A number of equities research analysts have commented on the stock. JPMorgan Chase set a $83.00 price objective on shares of ExxonMobil and gave the stock a “neutral” rating in a report on Tuesday, March 27th. Citigroup reaffirmed a “neutral” rating and issued a $81.00 target price (down previously from $84.00) on shares of ExxonMobil in a research note on Thursday, March 8th. Piper Jaffray reaffirmed a “hold” rating and issued a $83.00 target price on shares of ExxonMobil in a research note on Monday, February 5th. Societe Generale reaffirmed a “buy” rating and issued a $87.00 target price on shares of ExxonMobil in a research note on Tuesday, March 13th. Finally, Royal Bank of Canada set a $90.00 target price on shares of ExxonMobil and gave the company a “hold” rating in a research note on Thursday, March 8th. Five analysts have rated the stock with a sell rating, fourteen have given a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $86.55.

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ExxonMobil Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company also manufactures petroleum products; manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; and transports and sells crude oil, natural gas, and petroleum products.

Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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